MERCHANDISE PLANNER

Merchandise Planner

Urban Outfitters Philadelphia, PA, USA Posted 3 days ago Full time Retail Apparel and Fashion,Manufacturing,Retail Overview

To maximize sales by developing sound merchandise plans that support Company goals for sales, turn and margin. Ensure the financial success of one or more departments by meeting or exceeding sales, gross margin, and inventory turn goals.

Analyze and revise the merchandise planning strategy based on current trend or actual performance on a monthly basis

Responsibilities

• Formulate guidelines for style and customer choices (style OTB) based on business analysis
• Monitor and evaluate sales of current styles on a weekly basis, partnering with the buyer and the Senior Planner / Planning Manager to effectively manage receipts and inventory
• Manage inventory levels needed to support the rate of sale taking into account sell-through percent, WOS, and planned product life span
• Develop markdown strategy for a merchandise area based on sell-through percent and planned product life span. This includes both redlines and promotional strategies
• Develop style-level plans based on current forecast, historic trend and test information for key items or attributes
• Conduct color-level planning based on the inventory need to support rate of sale, store presentation, targeted sell-through percent, and the current risk parameters and historical trends (long range goal)
• Work in synergy with Buyer and Allocation Analyst toward common goals for the merchandise area. Look to Senior Planner / Planning Manager for guidance on all areas of responsibility.

Qualifications

• 5 plus years of direct planning experience
• Expert command of retail math concepts and applications
• Strong statistical analysis skills
• Strong communication skills
• Excellent organizational, prioritizing and problem-solving skills
• Ability to work well within a team environment

Job Skills

• Technical skill proficiency with Microsoft Word and Excel
• Must have at least 4 years of Merchandise Planning experience.

Education

Bachelors Degree in Fashion, Business, or a related field.

Location

Philadelphia, PA

The above information has been designed to indicate the general nature and level of work performed by employees within this classification.

It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job.